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When Mr. Ding L. Berry, president of Berry Inc., first saw the segmented income statement below, he flew into his usual rage. When will we

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When Mr. Ding L. Berry, president of Berry Inc., first saw the segmented income statement below, he flew into his usual rage. "When will we ever start showing a real profit? m immediate steps to eliminate those two unprofitable lines! starting Product Lines Total Sales Variable Expenses Contribution Margin s 250,000 100,000 75,00075,000 35,00047.000 119,000 1000 63,0000,000 28,000 98,000 31,000 3700030,000 32,90018,000 1001 Traceable Fixed expenses Common expenses allocated 4,400 10,50 - Operating Income/Loss 14,0007,500)(6,400) These traceable expenses could be eliminated if the product lines to which they are traced were discontinued. Required: Recommend which segments, if any, should be eliminated. Prepare a report in good form to support your

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